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a looming fiscal cliff and what are we hearing? as republican senator jeff sessions says -- >> a lot of flimflam. >> flimflam. we told you last night that treasure secretary tim geithner hop-scotched his way down pennsylvania avenue to bring the president's proposal from the white house to capitol hill and instead of offering compromise, he leapt to the extreme. in case you forgot, here's what his plan does. his plan taxes $1.6 trillion of taxes. higher tax rates on people, families making more than $250,000 as well as closing loopholes, limiting deductions, raising the estate tax rate and increasing the taxes on capital gains and dividends. and the plan spends nearly $200 billion. another stimulus package of 50 billion. an extension of unemployment insurance benefits estimated around $30 billion and an extension of the payroll tax cut estimated at about $114 billion. but the geithner plan didn't cut spending. in return for all of that, the president offered $400 billion in cuts to medicare and other entitlement programs. today joh
a looming fiscal cliff and what are we hearing? as republican senator jeff sessions says -- >> a lot of flimflam. >> flimflam. we told you last night that treasure secretary tim geithner hop-scotched his way down pennsylvania avenue to bring the president's proposal from the white house to capitol hill and instead of offering compromise, he leapt to the extreme. in case you forgot, here's what his plan does. his plan taxes $1.6 trillion of taxes. higher tax rates on people, families...
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i don't think we're going to go over the fiscal cliff. republicans have put some proposals on the table moving in barack obama's direction. i don't know exactly the game tim geithner was playing yesterday and thank you, erin, for getting some of this math right. when he came up with yesterday was $4 of new tacks for every dollar of spending cut, that's when john boehner simply said we're nowhere an that's where they are now, but there's 30 days. >> ethan, don't the republicans if they want to break this stalemate, maybe what the president's doing is saying these are the cuts i want to make, so guys, why don't you come up with the rest? >> i don't think that's really a fair criticism. republicans have passed the budget that paul ryan pugt together. now, you may not agree with that budget, but it does outline specific cuts. republicans are on the record for those and would probably say here's our list of cuts, mr. president. what's your list? >> the president has other things he may not have included. say they take it from paul ryan's budge
i don't think we're going to go over the fiscal cliff. republicans have put some proposals on the table moving in barack obama's direction. i don't know exactly the game tim geithner was playing yesterday and thank you, erin, for getting some of this math right. when he came up with yesterday was $4 of new tacks for every dollar of spending cut, that's when john boehner simply said we're nowhere an that's where they are now, but there's 30 days. >> ethan, don't the republicans if they...
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tomorrow we'll have both republican ares and democrats onto talk about the fiscal cliff. it is going to be an interesting show with some fireworks. ac 360 starts now. wolf blitzer is in for anderson cooper. >> thank you. not choosing sides or playing favorite ares there is plenty of that on the other cable news channels. we are interested in facts. they do exist. tonight, the facts about taxes that the majority of americans established on election day. the nation's leading conservative paper is onboard. they now agree with the president who wants to let taxes go up on income on more than $250,000 a year. doing a deal to raise those rates. where all bush cuts on all tax brackets expire at the end of the year. that is something that gives president obama a lot of clout right now. you can agree or disagree with the president obama policy that is for you to decide. congressman happens to disagree strongly but recognizes that the political reality that all tax cuts will expire on january 1st. >> in my view, we all agree that we are not going to raise taxes on people that make
tomorrow we'll have both republican ares and democrats onto talk about the fiscal cliff. it is going to be an interesting show with some fireworks. ac 360 starts now. wolf blitzer is in for anderson cooper. >> thank you. not choosing sides or playing favorite ares there is plenty of that on the other cable news channels. we are interested in facts. they do exist. tonight, the facts about taxes that the majority of americans established on election day. the nation's leading conservative...
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republicans call the fiscal cliff plan a joke, an insult and break from reality. suffice it to say, it is unacceptable to them. the president's opening round offer includes $1.6 trillion in new taxes, $400 billion in savings from medicare and other entitlement programs, $50 billion in new stimulus spending, and an additional $285 billion to fund depreciation and mortgage programs, unemployment insurance benefits, and payroll tax cuts. >> this extra spending, that's actually greater than the amount they're willing to cut. i mean, it's -- it was not a serious proposal. >> while his aides were on capitol hill offering up the opening bid, the president was making his case in pennsylvania campaign style. >> at the end of the day a clear majority of americans, democrats, republicans, independents, they agreed with a balanced approach. deficit reduction. >> after the president's remarks, i spoke with his main man on the fiscal cliff, treasury secretary tim geithner. >> let me ask you, the reaction to your going up on the hill and saying this is basically the white house
republicans call the fiscal cliff plan a joke, an insult and break from reality. suffice it to say, it is unacceptable to them. the president's opening round offer includes $1.6 trillion in new taxes, $400 billion in savings from medicare and other entitlement programs, $50 billion in new stimulus spending, and an additional $285 billion to fund depreciation and mortgage programs, unemployment insurance benefits, and payroll tax cuts. >> this extra spending, that's actually greater than...
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are sflirnks today republicans say the plan to avoid the fiscal cliff is a thelma and louise theory. >> we're trying to get these guys to come together and reach an agreement that's going to be good for the country and for the economy. >> then what now? with democratic senator mark warner and kelli ayote. benghazi and obama's second term. former hewlett-packard ceo carly fiorina. i'm candy crowley. and this is "state of the union." >>> republicans call -- sufficed to say, it is unacceptable to them. the president's opening round offer includes $1.6 trillion in new taxes, $400 billion in savings from medicare and other entitlement programs, $50 billion in new stimulus spending, and an additional $285 billion to fund depreciation and mortgage programs, unemployment insurance benefits, and payroll tax cuts. >> this extra spending, heats actually greater than the amount they're willing to cut. i mean, it's -- it was not a serious proposal. >> wile his aides were on capitol hill offering up the opening bid, the president was making his case in pennsylvania campaign style. >> at the end of
are sflirnks today republicans say the plan to avoid the fiscal cliff is a thelma and louise theory. >> we're trying to get these guys to come together and reach an agreement that's going to be good for the country and for the economy. >> then what now? with democratic senator mark warner and kelli ayote. benghazi and obama's second term. former hewlett-packard ceo carly fiorina. i'm candy crowley. and this is "state of the union." >>> republicans call -- sufficed...
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fiscal cliff. including peter defazo who says we should just go over the cliff. "piers morgan tonight" is next. yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. but i'm also on a lot of medications that dry my mouth out. i just drank tons of water all the time. it was never enough. i wasn't sure i was going to be able to continue singing. i saw my dentist and he suggested biotene. it feels refreshing. my mouth felt more lubricated. i use the biotene rinse twice a day and then i use the spray throughout the day. it actually saved my career in a way. because biotene really did make a difference. [ female announcer ] nature valley granola bars, rich dark chocolate, toasted oats. perfect com
fiscal cliff. including peter defazo who says we should just go over the cliff. "piers morgan tonight" is next. yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. but i'm...
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tomorrow we'll have both republican ares and democrats onto talk about the fiscal cliff. it is going to be an interesting show with some fireworks. ac 360 starts now. wolf blitzer is in for anderson cooper. oh no, not a migraine now. try this... bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network
tomorrow we'll have both republican ares and democrats onto talk about the fiscal cliff. it is going to be an interesting show with some fireworks. ac 360 starts now. wolf blitzer is in for anderson cooper. oh no, not a migraine now. try this... bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. bp has paid overthe people of bp...
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on the fiscal cliff. we're going to take to steny hoyer about what this means for talks from here. and he's defending susan rice and his fellow republicans hammer away at her. former presidential candidate ambassador jon huntsman is going to join us to explain all this. and the best part about this, abby huntsman, his daughter, is going to be on the panel. kind of like their first joint appearance. we're saying ever. we have to fact check that. but we're making history this morning. plus russell simmons bringing art to kids in urban areas. why he's so passion about this cause. and this is a picture everyone on the planet is talking about. the cop who warmed the hears of everyone who's seen this photo, he's going to join us. that and much more coming up on "starting point." it's like 15 minutes away. it's friday. what could be better? >> that is a sharpie, not a pen. thought i'd correct you. >> 44 minutes past the hour. people on the west coast bracing for the threat of flooding and mudslides. meteorologis
on the fiscal cliff. we're going to take to steny hoyer about what this means for talks from here. and he's defending susan rice and his fellow republicans hammer away at her. former presidential candidate ambassador jon huntsman is going to join us to explain all this. and the best part about this, abby huntsman, his daughter, is going to be on the panel. kind of like their first joint appearance. we're saying ever. we have to fact check that. but we're making history this morning. plus...
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i'm certain if this is not good enough for the white house, we will go over the fiscal cliff. >> this is a compromise on taxes. this is a compromise on mandatory spending. and it's a compromise on discretionary spending over what the select committee had debated. >> i should mention that erskine bowles has put out a statement himself. while i'm flattered the speaker would call something the bowles plan. the outline in the letter the speaker sent to the president does not represent the bowles simpson plan, nor is it the bowles plan in my testimony on deficit reduction. i simply took the mid point of the public offers, put forward during the negotiations to demonstrate where i thought a deal could be reached at the time. he's very much backing away from speaker boehner's letter. the question i wanted to ask you is some of the details, as you know, it's all in. >> can we spin one more point on that? >> absolutely. >> here's speaker boehner who is taking a mid point on the compromise between the two sides and offered it, and it's already flatley rejected? >> i think he may be rejected, si
i'm certain if this is not good enough for the white house, we will go over the fiscal cliff. >> this is a compromise on taxes. this is a compromise on mandatory spending. and it's a compromise on discretionary spending over what the select committee had debated. >> i should mention that erskine bowles has put out a statement himself. while i'm flattered the speaker would call something the bowles plan. the outline in the letter the speaker sent to the president does not represent...
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cliff. >>> and now our fourth story "outfront" for the second day in a row, susan rice met with republican senators, some of whom obviously have harshly criticized her for ther handlin of the attack in benghazi. the moderate susan collins spoke to us. >> i continue to be troubled by the fact that the u.n. ambassador decided to play what was essentially a political role at the height of a contentious presidential election campaign. >> yet the president continues to stand by susan rice. >> susan rice is extraordinary. couldn't be prouder of the job that she's done at the u.n. >> all right, tim, when you hear senator collins, you know, she is influential, she is moderate, come out and say look, i'm not satisfied, sort of turning her back on susan rice, she had the moment in front of the microphone to endorse, she did not. should the administration cut its losses and say this might not be the right nominee. >> not at all. i think the president won the ele electi election. respect to suzanne collins' comments, she's obviously very influential and her support is important. but one thing she did
cliff. >>> and now our fourth story "outfront" for the second day in a row, susan rice met with republican senators, some of whom obviously have harshly criticized her for ther handlin of the attack in benghazi. the moderate susan collins spoke to us. >> i continue to be troubled by the fact that the u.n. ambassador decided to play what was essentially a political role at the height of a contentious presidential election campaign. >> yet the president continues to...
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let's get to the fiscal cliff. the president set the deal, over the next decade. are there specific ways of reaching that figure that both of you might agree on? >> well, you know, i think one compromise i agree with the democrats on, we need to cut the military spending. so i think the compromise, the conservatives like myself that think the national defense is important, should compromise on the military spending, and liberals should compromise on the welfare. >> and both sides are going to have to compromise on this, beyond defense spending is there any other compromise that you could see you supporting? >> well, it mostly has to be to me on the spending side. we used to spend about 20% of gdp, we're now spending 25% of gdp. so federal spending has gone up in an alarming rate in the last four years. and when people come to me and say oh, we just have to raise taxes on rich people. one, there is not enough money. and two, you often find when you raise rates you get less revenue. and sometimes you find when you lower rates you get more revenue. >> what do you mak
let's get to the fiscal cliff. the president set the deal, over the next decade. are there specific ways of reaching that figure that both of you might agree on? >> well, you know, i think one compromise i agree with the democrats on, we need to cut the military spending. so i think the compromise, the conservatives like myself that think the national defense is important, should compromise on the military spending, and liberals should compromise on the welfare. >> and both sides...
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i'm certain if this is not good enough for the white house, we will go over the fiscal cliff because this is a compromise on taxes. this is a compromise on mandatory spending and it's a compromise on discretionary spending over what the select committee had debated. >> the details if we can and i should mention that erskine bowles put out a statement saying this -- does not represent the bowles-simpson plan, nor is it the bowles plan. in my testimony before the joint select committee on deficit reduction, i simply took the midpoint of the public offers to demonstrate where i thought a deal could be reached at the time. he's very much backing away from speaking boehner's letter, but the question i wanted the to ask you -- >> can we spend one more point on that? >> of course. >> what did he say? that was the midpoint of a compromise from the two. so, here's speaker boehner who is taking a new point on the compromise between the two sides and offered it and it's already flatly rejected? >> i think what he might be rejecting, sir, if i may -- >> no, i'm not talking abo about erskine bowl
i'm certain if this is not good enough for the white house, we will go over the fiscal cliff because this is a compromise on taxes. this is a compromise on mandatory spending and it's a compromise on discretionary spending over what the select committee had debated. >> the details if we can and i should mention that erskine bowles put out a statement saying this -- does not represent the bowles-simpson plan, nor is it the bowles plan. in my testimony before the joint select committee on...
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let's get to the so-called fiscal cliff. the president has set a goal. $4 trillion in debt reduction over the next decade. are there any specific ways of reaching that figure that both of you might agree on? >> well, you know, one compromise i can agree with democrats on, we need to cut military spending. so i think the compromise is conservatives like myself who think national defense is very important should compromise on military spending and liberals should compromise on entitlements and social welfare spending, that compromise should get to spending cuts. >> here is the question, though. both sides are going to have to compromise, beyond defense spending, any other compromise you could see you supporting? >> mostly has to be to me on the spending side. we used to spend about 20% of gdp. now spending 25% of gdp. federal spending has gone up at an alarming rate in the last four years. people come to me and said say we have to raise taxes on rich people. one there, is not enough money. two, when you raise rates, you get le
let's get to the so-called fiscal cliff. the president has set a goal. $4 trillion in debt reduction over the next decade. are there any specific ways of reaching that figure that both of you might agree on? >> well, you know, one compromise i can agree with democrats on, we need to cut military spending. so i think the compromise is conservatives like myself who think national defense is very important should compromise on military spending and liberals should compromise on entitlements...
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side on the fiscal cliff. some breaking news on what the white house asked for and whether republicans are going to give it to them. we're going to talk about that. back to you. >> we'll be watching you top of the hour. thanks so much. >> up next, the vice president of the united states, joe biden, goes shopping and eating. >> get fat just walking through this store. >> the vp visited costco, but needed some help with his shopping list. jeanne moos shows us why. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting
side on the fiscal cliff. some breaking news on what the white house asked for and whether republicans are going to give it to them. we're going to talk about that. back to you. >> we'll be watching you top of the hour. thanks so much. >> up next, the vice president of the united states, joe biden, goes shopping and eating. >> get fat just walking through this store. >> the vp visited costco, but needed some help with his shopping list. jeanne moos shows us why. to help...
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top republican literally chuckles at the white house offer on the fiscal cliff. where do we go from here? >>> the man in the middle, ambassador jon huntsman, what he has to say about his party post election and why he's defending susan rice on benghazi when so many other republicans are piling it on. >>> god deed gone viral, hero cop who bought boots for a homeless man on a cold new york city night. >> it is friday, november 30th. "starting point" begins right now. >>> our "starting point this morning, no tangible progress here in the fiscal cliff talks. the tone is turning nasty now. 32 days until the tax rates soar, spending gets slashed and congress, guess what, they break for the holidays in two weeks. >> this is where things stand right now. the president unveiling a plan that calls for $1.6 trillion in tax hikes, hikes, and $50 billion in new -- that's right, new infrastructure spending. he will use the manufacturing plant in pennsylvania as a backdrop today to try to sell this plan. republicans sure aren't buying it yet. they want to hear about spending cu
top republican literally chuckles at the white house offer on the fiscal cliff. where do we go from here? >>> the man in the middle, ambassador jon huntsman, what he has to say about his party post election and why he's defending susan rice on benghazi when so many other republicans are piling it on. >>> god deed gone viral, hero cop who bought boots for a homeless man on a cold new york city night. >> it is friday, november 30th. "starting point" begins right...
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the so-called fiscal cliff. also president obama's getting ready to speak this hour about an urgent national security issue. u.s.-led efforts to try to track down and eliminate loose nuclear weapons. that's coming up. >>> also, frightening now revelations about an al qaeda plot for a three-part terror attack on the united states embassy in iman, jordan. i'll ask the country's foreign minister for details. he's standing by live. i'm wolf blitzer. you're in "the situation room." >>> we begin this afternoon with brand-new republican offers to try to save the $2.2 trillion and avoid the so-called fiscal cliff. the across-the-board spending cuts and sharp tax increases that hit in just 29 days. let's get straight to our senior congressional correspondent dana bash. she's watching what's going on. dana, the tax rates, first of all, let's get to a major sticking point right now. there's been a counterproposal from house republicans to the white house. you have details. >> reporter: that's right. let's start exactly whe
the so-called fiscal cliff. also president obama's getting ready to speak this hour about an urgent national security issue. u.s.-led efforts to try to track down and eliminate loose nuclear weapons. that's coming up. >>> also, frightening now revelations about an al qaeda plot for a three-part terror attack on the united states embassy in iman, jordan. i'll ask the country's foreign minister for details. he's standing by live. i'm wolf blitzer. you're in "the situation...
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avoid at least part of this fiscal cliff. he is suggesting to extend the bush cuts for the 98% of americans right now since at least both sides agree that has to happen and then haggle over the top 2% later. >> the republican in the middle of this all is congressman tom cole from oklahoma. congressman cole, speaker boehner and others have thrown cold water on this idea. let's clear this up right now. you still stand by this notion, pass the tax cuts for the 98% right now, deal with the 2% after the new year but essentially let those da tax breaks for the top 2% expire? >> i do think where we agree on 98%, we should take that off the table so americans don't have to worry about that. that actually strengthens our position. at the end of the day it's a discussion amongst republicans over tactic, not a division or debate. the president would be well advised if he's serious to actually bring spending cuts and entitlement reform to the table. we haven't heard much of that. that's really what's sparking republican discourse. >> let
avoid at least part of this fiscal cliff. he is suggesting to extend the bush cuts for the 98% of americans right now since at least both sides agree that has to happen and then haggle over the top 2% later. >> the republican in the middle of this all is congressman tom cole from oklahoma. congressman cole, speaker boehner and others have thrown cold water on this idea. let's clear this up right now. you still stand by this notion, pass the tax cuts for the 98% right now, deal with the 2%...
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dig in and ramp up the rhetoric on the fiscal cliff. house speaker john boehner and senate majority leader harry reid trading jabs before the cameras on capitol hill. >> going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> speaker boehner made very clear at his press conference that he thinks the ball is in your court and the president's court. he says democrats have got to get series about spending cuts. where is the disconnect? >> i don't understand his brain so you should ask him. okay? >> reid making those comments to our own kate bolduan. i'm joined by dan lothian. dan, we're learning more about the white house plan to deal with the fiscal cliff. break it down for us. >> reporter: right. this is the plan that secretary -- treasury secretary timothy geithner took up to capitol hill yesterday. it calls for $1.6 trillion in tax increases over a ten-year period more than republicans had anticipated. in addition to that, $400 billion
dig in and ramp up the rhetoric on the fiscal cliff. house speaker john boehner and senate majority leader harry reid trading jabs before the cameras on capitol hill. >> going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> speaker boehner made very clear at his press conference that he thinks the ball is in your court and the president's court. he says democrats have got to get...
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are you willing to go over the fiscal cliff if republicans do not agree that that? >> i think if there is no agreement whatsoever, the president has probably no choice but to say, okay, we're going to go over the cliff. that would no be my first preference. my first preference is that as we get closer to the cliff, that we find an agreement that makes some sense, so we don't have to go over it. if we don't go over,'re entering very unchartered waters. who knows how the markets will react, what will happen -- i hope we don't have to go over. >> and it could hit almost every single american, which is why when people are watching this, they're so frustrated they can't do what the american people want them to do. so are you telling me that congress needs a deadline and likes to go up to the deadline, is it posturing? >> no, the world is run by deadlines, you know, it's human nature not to do when you know what you should until you get closer to that deadline. it would be better if we work right now, and we are working now, but deadlines help. >> we're all watching in th
are you willing to go over the fiscal cliff if republicans do not agree that that? >> i think if there is no agreement whatsoever, the president has probably no choice but to say, okay, we're going to go over the cliff. that would no be my first preference. my first preference is that as we get closer to the cliff, that we find an agreement that makes some sense, so we don't have to go over it. if we don't go over,'re entering very unchartered waters. who knows how the markets will react,...
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i think this brinksmanship about the budget and the fiscal cliff is all just fine. i don't want to go over the cliff. >> does the president want to go over? we got to listen to all the republicans and the conservative media today are saying president obama wants to go over the fiscal cliff because then taxes go up across the board. >> which is not what the president wants, but there's a big difference between this fiscal cliff and the full faith and credit of the united states. the american government has never defaulted on its debt. and now there are some, not the majority of republicans but some on the extreme of the republican party and they seem to be in control, who seem to want to default on our debt. that's crazy. if they cannot be entrusted with the full faith and credit of the united states, they should not have that leverage. >> paul, where were the overtures though? where were the overtures with this deal that was presented? i mean, listen, you don't have to be mensa to know delivering a deal like that was going to make mitch mcconnell laugh. where were t
i think this brinksmanship about the budget and the fiscal cliff is all just fine. i don't want to go over the cliff. >> does the president want to go over? we got to listen to all the republicans and the conservative media today are saying president obama wants to go over the fiscal cliff because then taxes go up across the board. >> which is not what the president wants, but there's a big difference between this fiscal cliff and the full faith and credit of the united states. the...
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also, republicans are now out with a counteroffer on the fiscal cliff. congressman becerra is going to join us. republican ron johnson from the state of wisconsin will discuss the fiscal cliff and the negotiations for that, as well. plus the truth about all those myths that your parents told you. should you run with scissors? no, of course not. can you swim after you eat? no, of course not. the all-time jeopardy champion ken jennings has a new book out where he researchers all these myths and breaks it down. >> it's so funny. >> yes, yes. it's ahead this morning at the top of the hour on "starting point." >> oh, wow. thanks soledad. >> coming up, about catherine duchess of cambridge, right? and her royal bun in the oven and how we now have eight more months of speculation whether it's a boy or a girl, what they're going to make it. we're going to talk to elizabeth cohen when morning sickness is so terrible you go to the hospital. >> and i'm also curious about extreme morning sickness means it could be twins? elizabeth cohen is going to have all the infor
also, republicans are now out with a counteroffer on the fiscal cliff. congressman becerra is going to join us. republican ron johnson from the state of wisconsin will discuss the fiscal cliff and the negotiations for that, as well. plus the truth about all those myths that your parents told you. should you run with scissors? no, of course not. can you swim after you eat? no, of course not. the all-time jeopardy champion ken jennings has a new book out where he researchers all these myths and...
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Dec 5, 2012
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with republicans and democrats now battling each other over the fiscal cliff, there may be one person who can unify washington. it's a shame he doesn't work on capitol hill, at least not yet. >>> earth as we've never seen it before. fascinating images from outer space, all in the same place. we'll have the photos for you in about ten minutes. pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. by december 22nd wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you
with republicans and democrats now battling each other over the fiscal cliff, there may be one person who can unify washington. it's a shame he doesn't work on capitol hill, at least not yet. >>> earth as we've never seen it before. fascinating images from outer space, all in the same place. we'll have the photos for you in about ten minutes. pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [...
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Nov 29, 2012
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on the fiscal cliff. >> dan lothian, thank you. >>> two lucky ticket holders beat the odds and they will split the record $588 million powerball jackpot. one ticket was sold in arizona. the other many missouri. the winning numbers are 5, 16, 22, 23, 29, and the powerball is 6. victor blackwell is in atlanta. one person on facebook yesterday said to me it's better to burn the ticket, at least you get heat from it. for two people at least it's good they didn't burn it. >> it's 29 degrees out here, i wish i had the ticket i bought so i could get some heat. this morning i rolled over to determine if i was in the city where at least the winning ticket was sold. i found out i wasn't. million also have that moment this morning. so many people put their $2 down on the counter to win the largest powerball jackpot ever at $588 million. the second largest lottery jackpot, that was 656 million last march. this is happening because powerball made a move at the beginning of this year, increasing the ticket price from $
on the fiscal cliff. >> dan lothian, thank you. >>> two lucky ticket holders beat the odds and they will split the record $588 million powerball jackpot. one ticket was sold in arizona. the other many missouri. the winning numbers are 5, 16, 22, 23, 29, and the powerball is 6. victor blackwell is in atlanta. one person on facebook yesterday said to me it's better to burn the ticket, at least you get heat from it. for two people at least it's good they didn't burn it. >>...
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looking forward to that. >>> first it was republicans throwing the president's fiscal cliff plan right back at him. now it's the president's turn. he rejected an offer that included no raise in tax rates for the top 2% of americans, seemed to indicate a little wiggle room on his insistence the taxes go up for the wealthy from 35% to 39.6%. here's what he told bloomberg tv. >> do they have to go up to 39.6% now? >> let me sort of describe the process here for you, juliana. let's let those go up and then let's set up a process with a time certain at the end of 2013 or the fall of 2013 where we work on tax reform, look at what loopholes and deductions both democrats and republicans are willing to close and it's possible that we may be able to lower rates by broadening the base at that point. >> want to get to stephanie cutter former deputy campaign manager for obama 2012. stephanie, nice to have you with us this morning. appreciate your time as always. you're the -- >> thanks for having me. >> that was your old job. the former campaign manager. feels like the campaign is not over. the pre
looking forward to that. >>> first it was republicans throwing the president's fiscal cliff plan right back at him. now it's the president's turn. he rejected an offer that included no raise in tax rates for the top 2% of americans, seemed to indicate a little wiggle room on his insistence the taxes go up for the wealthy from 35% to 39.6%. here's what he told bloomberg tv. >> do they have to go up to 39.6% now? >> let me sort of describe the process here for you, juliana....
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cliff. in his first television interview since the election, that cliff, of course the combination of government spending cuts and tax increases that automatically go into effect on january 1st because people we elected to make a deal can't make a deal. yesterday, republicans proposed steep spending cuts but gave no ground on president obama's call to raise taxes on the wealthiest americans. here's what the president told bloomberg's white house correspondent about that. >> unfortunately the speaker's proposal right now is still out of balance. you know he talks, for example, about $800 billion worth of revenue but was he says he's going to do that by lowering rates. when you look at the platte it doesn't work. when i've said is, i am prepared to work with the speaker and democrats and republicans to go after excessive health care costs in our federal health care system, we're going to have to strengthen those systems and i think we can do that without hurting seniors, without hurting benefi
cliff. in his first television interview since the election, that cliff, of course the combination of government spending cuts and tax increases that automatically go into effect on january 1st because people we elected to make a deal can't make a deal. yesterday, republicans proposed steep spending cuts but gave no ground on president obama's call to raise taxes on the wealthiest americans. here's what the president told bloomberg's white house correspondent about that. >> unfortunately...
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so many republicans say they are pessimistic about a deal happening in time to avert this fiscal cliff. some say it's for political reasons. what can you tell us? >> it may all be for political reasons. that's no surprise in washington. as you can seen through dealmaking not just on this but things in the past couple of years between the white house and congress, there is almost this rhythm that has evolved. both sides are pointing to the other for an impasse. republicans like senator lindeyy graham just slamming the white house and tim geithner for a plan he laid out on behalf of the administration, laying out about $1.6 trillion in new revenues coupled with only about $400 billion in medicare cuts. listen to what graham said. >> i think we're going over the cliff. it's pretty clear to me they made a political calculation. this offer doesn't remotely deal with entitlement reform in a way to save medicare, medicaid and social security from imminent bankruptcy. the president's plan when it comes to entitlement form is quite frankly a joke. >> so over the weekend the sunday shows, you sa
so many republicans say they are pessimistic about a deal happening in time to avert this fiscal cliff. some say it's for political reasons. what can you tell us? >> it may all be for political reasons. that's no surprise in washington. as you can seen through dealmaking not just on this but things in the past couple of years between the white house and congress, there is almost this rhythm that has evolved. both sides are pointing to the other for an impasse. republicans like senator...
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another week lost in the race to stop the country from going over the fiscal cliff. what the speaker didn't say in a news conference today could potentially be very significant. let's bring in our senior congressional correspondent, dana bash. >> reporter: reckless was the strong word the speaker used to describe timothy geithner's statement that he is willing to go over the cliff if republicans don't give on tax rates for the wealthy. i am told by a congressional source familiar with the talks they only had four, four staff level negotiations on the issue of the fiscal cliff, and that's why the speaker says the president is slow walking the issue. the house speaker ended the week with a progress report. none. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> reporter: he and the president spoke by phone only once all week and it didn't produce much. >> just more of the same. it is time for the president if he's serious to come back with a counteroffer. >> reporter: what may have been
another week lost in the race to stop the country from going over the fiscal cliff. what the speaker didn't say in a news conference today could potentially be very significant. let's bring in our senior congressional correspondent, dana bash. >> reporter: reckless was the strong word the speaker used to describe timothy geithner's statement that he is willing to go over the cliff if republicans don't give on tax rates for the wealthy. i am told by a congressional source familiar with the...
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and the republicans' counterproposal on the fiscal cliff. stay right here. >>> i'm ali velshi. this is your money. house speaker john boehner called white house efforts to make a deal preposterous. the republican counter we're hearing about which extends the bush tax cuts for everybody including the wealthiest americans won't get washington any closer to a deal. washington's reckless behavior is already having serious economic consequences. i'm going to show you how and make sure you understand the truth about that raising taxes would mean for the economy, but first, set aside the doom and gloom of the fiscal cliff for a moment, let's look at today's money menu. check out auto sales up big in november. sales of gm cars were up 3.4%. ford saw a 6.5% jump in sales and chrysler shot up 14%. u.s. autos are on track to see their best sales month nationwide since february of 2008 as the big three continues to put the auto bailout in the rear view mirror. ford never took the bailout money from the government. what's sibehind the surge in au sales, no short cuts. the jobs outlook is lo
and the republicans' counterproposal on the fiscal cliff. stay right here. >>> i'm ali velshi. this is your money. house speaker john boehner called white house efforts to make a deal preposterous. the republican counter we're hearing about which extends the bush tax cuts for everybody including the wealthiest americans won't get washington any closer to a deal. washington's reckless behavior is already having serious economic consequences. i'm going to show you how and make sure you...
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i'm really encouraged that we can avoid this fiscal cliff for a number of reasons. first of all, there is a growing group of republicans who say we really need to raise revenue, not just talk about raising revenue, but actually increase taxes on the wealthiest 2%. and they're willing to consider those kinds of taxes that the president proposed so that middle-class americans, the 98%, will not see any taxes. and second i'm encouraged because some of the businesses, in fact a growing number of businesses, moderate and constructively, are proposing that the president's plan make sense. but the major developments that really for the republicans to come forward with some of their specifics. and specific terms, and proposals if they say they want to avoid these tax increases. they need to be more specific. on how to do it. >> you keep using the word encourage and i'll read you some other words that have come from lindsey graham. he said it's a joke. it's not serious. and it, you know, you might be encouraged but treasury secretary geithner did not seem all that encouraged
i'm really encouraged that we can avoid this fiscal cliff for a number of reasons. first of all, there is a growing group of republicans who say we really need to raise revenue, not just talk about raising revenue, but actually increase taxes on the wealthiest 2%. and they're willing to consider those kinds of taxes that the president proposed so that middle-class americans, the 98%, will not see any taxes. and second i'm encouraged because some of the businesses, in fact a growing number of...
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breaking the ice, president obama and john byron finally discussing the fiscal cliff. they talked by telephone yesterday. with just 26 days remaining to get a deal done, there are signs of compromise on the republican side. oklahoma's republican senator tom coburn a leading conservative saying he is okay with raising taxes on the wealthiest 2% of americans. in a few moments, soledad o'brien will talk with oregon senator is jeff merkley. he sits on the budget committee. >>> naeem davis now charged with murder for allegedly pushing a man off a new york city subway platform. davis was arraigned last night on a second-degree murder charge. police say he pushed 50-year-old ki-suk han on to the tracks and into the path of an oncoming subway train. >>> internet security pioneer john mcafee could be deported to belize as early as today. guatemalan officials detained mcafee yesterday. they accuse him of entering their country illegally. he turned up in guatemala on tuesday after disappearing from his home in belize. police there want to question mcafee in connection with a murd
breaking the ice, president obama and john byron finally discussing the fiscal cliff. they talked by telephone yesterday. with just 26 days remaining to get a deal done, there are signs of compromise on the republican side. oklahoma's republican senator tom coburn a leading conservative saying he is okay with raising taxes on the wealthiest 2% of americans. in a few moments, soledad o'brien will talk with oregon senator is jeff merkley. he sits on the budget committee. >>> naeem davis...